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Question of the Day - 07 September 2024

Q:

Can you judge a casino's slot machine payback percentage by its video poker paytables?

A:

Well, you can make an educated guess about a casino's general return percentage at slots based on the generosity of its video poker paytables. Of course, since you can determine the exact return percentage of a video poker machine by the paytable and you can't tell anything about a slot machine's, it can never be a direct correlation. But some assumptions can be made. 

For example, casinos that offer favorable video poker paytables often aim to attract more informed or discerning players who are aware of paytable differences and their impact on return percentages. These are the casinos that know they're in the gambling business. This suggests that the casino might also offer more competitive slot machine payouts to appeal to these players.

The reverse is also true. If a casino puts out poor video poker paytables, it follows to assume that ownership and management are more focused on maximizing profits from less informed players, or just want to get the money faster, which could imply lower return percentages on their slot machines as well.

So as we say, though it's certainly not a guarantee, there's a possible -- and many believe probable -- correlation between slot and video poker return percentages. You can also find hints in players club generosity, or lack thereof, as that can also speak to the overall philosophy of the casino's owners. In most cases, though, the video poker returns are the only factor you can look to for a hint regarding the slots. 

Note: This doesn't include the increasing number of "AP slots" that are quantifiable. Some of these are addressed in the recently released 3rd edition of Gambling 102. 

 

No part of this answer may be reproduced or utilized in any form or by any means, electronic or mechanical, without the written permission of the publisher.

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Comments

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  • PK Sep-07-2024
    Paybacks 
    You can also just look at the sun in the wall with the payback percentages?

  • PK Sep-07-2024
    Paybacks 
    You can also just look at the sign on the wall with the payback percentages. 
    

  • jstewa22 Sep-07-2024
    re Paybacks
    PK, those "up to XX% return" signs will generally only apply to one or a few slots in the entire casino, there's no way to determine which ones. 

  • Davethedentist Sep-07-2024
    Ceasars' Properties
    If the video poker schedules are any clue then all the Caesars' properties are bad since Eldorado (Tom Reeg) took over. The only few full pay (9/6 Job and 8/5 BP) machines that remain are in Caesars Palace Las Vegas. For DDB 9/5 is the best available at other properties. Guess you can also tell from the high price of food, the addition of overpriced restaurants, double Reward Credits required to pay for non Caesars' owned restaurants, the shortened time from a year to just a few months to earn Great Gift Wrap Up Points, booking the GGWU is now considered a promotion, etc, etc. Pretty bad now.

  • Joseph Sep-07-2024
    Caesars' Properties
    I stopped going to Caesars' properties when they did away with laural lounges.

  • Lucky Sep-09-2024
    Luck
    I have been pretty lucky at Paris.  Am ahead at this point.  Thinking I will just keep the money and not play till next year.  That way, I am a sure winner for this year.  A complete opposite of previous years.